Tesla’s Chinese-built Model 3 cars would receive state subsidies

Tesla Model 3 spied

Tesla Inc stated on Friday that its Chinese-built Model 3 cars would get state subsidies, a move that will significantly help the electric automaker’s push into the world’s biggest auto market. China’s industry ministry had previously stated Tesla’s Model 3 cars, being constructed at its $2 billion factory located in Shanghai, were on a list […]

Tesla regain recommended status in Consumer Reports survey

Tesla Model 3

Tesla Inc’s Model 3 and S sedans both have regained “recommended” status in Consumer Reports magazine’s yearly reliability survey, permitting the electric carmaker’s overall standing to boost slightly. Tesla’s ranking increased four spots to No. 23 out of 30 brands in the U.S. market as it worked to fix production issues with the Model 3, […]

Tesla settles lawsuit with Walmart over solar panel installations, fires

Tesla Inc logo

Walmart Inc has settled its lawsuit alleging Tesla Inc of negligence in installing solar panels atop hundreds of the retailer’s stores and resulting in at least seven fires. In a joint statement on Tuesday, both companies stated were “pleased to have resolved the issues raised by Walmart” regarding the installations, and looked forward to “a […]

Tesla filing shows U.S. sales dropped 39% in third quarter

Tesla Inc logo

Tesla Inc’s third-quarter revenue dropped 39% in the United States, its first drop in over two years, but sales in China and other places surged, the electric automaker’s break down of sales by geography revealed on Tuesday. U.S. sales, which account for the biggest share of the company’s total earnings, dropped to $3.13 billion from […]

Ex Ford and Tesla officials join German electric van maker

StreetScooter

The German electric van maker StreetScooter has recruited executives from Tesla and Ford to assist drive its worldwide expansion. Peter Bardenfleth-Hansen, who worked in Tesla’s first European Tesla team, and Ulrich Stuhec, has joined the Streetscooter, the company stated in a news release. Streetscooter is a subsidiary of the German company Deutsche Post. Bardenfleth-Hansen is going […]

Tesla takes on Porsche with battle on toughest circuit of Germany

$35,000 Tesla Model 3

Tesla TSLA aims to take away Porsche’s bragging rights by testing its Model S on the northern loop of Germany’s Nuerburgring circuit, using a marketing tool that German automakers have long used to tout the superiority of their items. Germany’s Auto Motor und Sport recently published photographs of a Tesla with “100D+” markings on the […]